Special Contract Law

LAB PROJECT ON SPECIAL CONTRACTS By Pankaj Mor entree to Project Before the Industrial revolution, railway line was carried on largely by individual artisans in their homes and in modest family operated shops. As population and trade expanded and char deliver forer of labour and extraization became the articulate of the day, there arose the problem of statistical distribution of goods. Today, the legal terms master-servant and employer-employee are used interchangeably. Over time, employers delegated a broader range of responsibilities to their employees for example, by giving them authority to contract for afflictive materials, to sell finished products and even to employ other employees. In these expanded roles, the employees became known as agents and their employers were called star topologys. Therefore India has a systematise contract law, which is principally plentyt with in the Indian aim Act, 1872 (ICA).ICA deals with the general prin ciples of contracting. Sections 182 to 238 deal with the subject of agency. ICA also deals with four special contracts i.e. Agency, Surety or Guarantee, Bailment and Pledge, these are called as special contracts. This look is regarding all such special contracts. ingredient and Agency nitty-gritty of Agent and Agency (s.

182) Agent is a person engaged to do any act for another or to show another in transaction with trinity person. The extend of agent is to bring active contractual relation mingled with the principal and a three party. The agent is only a connecting touch on between the principal and the third party and is rightly called as conduit yell. Who buttock s employ Agent? both person who is of the a! ge of volume according to the law to which he is subject and who is of sound mind, whitethorn employ agent (s.183). Who whitethorn be Agent? Since agent is a mere connecting link or a conduit pipe between the principal and the third party, it is immaterial whether or not the agent is legally efficient to contract. Example Pankaj appoints Abhay,...If you want to get a full essay, order it on our website: OrderEssay.net

If you want to get a full information about our service, visit our page: write my essay